Facebook Pixel 'India unlikely to have hyperloop trains in near future' | The Business Guardian – newspaper – Lesen Sie diese Geschichte auf Magzter.com

Versuchen GOLD - Frei

'India unlikely to have hyperloop trains in near future'

The Business Guardian

|

November 06, 2023

India is currently not inclined to embrace hyperloop technology for ultra-high-speed trains, according to V K Saraswat, a member of NITI Aayog, as the technology remains at a “very low level” of maturity and may not be economically viable at this juncture.

'India unlikely to have hyperloop trains in near future'

Saraswat, who leads a committee investigating the technological and commercial feasibility of Virgin Hyperloop technology in India, also noted that foreign companies have expressed interest in introducing the technology in the country.

Hyperloop technology, conceived by Elon Musk, involves high-speed trains running in a vacuum-sealed tube. Despite the technology’s allure, Saraswat expressed reservations, stating that the offers received from foreign countries are not currently viable. He added, “They are at a very low level of maturity of technology,” and emphasized that hyperloop remains a study program. Consequently, he does not foresee hyperloop becoming a part of India’s transportation framework in the near future.

WEITERE GESCHICHTEN VON The Business Guardian

The Business Guardian

The Business Guardian

Rupee depreciation can wipe out gains from fuel price hike

The Indian Rupee has reached a critical level where any further depreciation could wipe out the gains from the recent Rs 3 per litre increase in petrol and diesel prices, according to an SBI Research Ecowrap report.

time to read

2 mins

May 17, 2026

The Business Guardian

The Business Guardian

‘Financial systems must remain connected to real economy’

Financial systems must remain connected to the real economy and the lives of ordinary citizens, Principal Secretary to Prime Minister Narendra Modi, PK Mishra, cautioned on Saturday while highlighting the risks posed by excessive speculation and instability in financial markets.

time to read

1 mins

May 17, 2026

The Business Guardian

The Business Guardian

Govt e-Marketplace marks 9 years of digital procurement

The Government e Marketplace (GeM) celebrated its Incorporation Day 2026 on 16 May, highlighting its expanding role in making public procurement more transparent, efficient and inclusive for domestic enterprises across India.

time to read

1 mins

May 17, 2026

The Business Guardian

The Business Guardian

AI IS REWRITING RULES OF BUSINESS: WEF

The World Economic Forum has highlighted that Artificial Intelligence is not just another venture sector but a force rewriting how companies are built, scaled and financed.

time to read

2 mins

May 17, 2026

The Business Guardian

The Business Guardian

Rising oil prices and gold imports to widen trade deficit

With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns.

time to read

1 min

May 17, 2026

The Business Guardian

The Business Guardian

POWER INFRA RIDES CAPEX WAVE, BETS BIG ON DATA CENTRE GROWTH

Techno Electric & Engineering Company Ltd is a leading power-infrastructure company with over four decades of expertise specialising in Engineering, Procurement and Construction (EPC) services, asset ownership, operations and maintenance across power generation, transmission and distribution.

time to read

2 mins

May 17, 2026

The Business Guardian

The Business Guardian

Tech CEOs face US Congress on child online safety

The CEOs of Meta, Alphabet, TikTok and Snap have been invited back to Capitol Hill to answer questions from U.S. lawmakers about children’s online safety, according to a Senate aide.

time to read

1 mins

May 17, 2026

The Business Guardian

The Business Guardian

Powell’s tenure as Fed chair marked by fight for independence

When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.

time to read

2 mins

May 17, 2026

The Business Guardian

Govt e Marketplace marks 9 years of digital procurement

Women-led MSEs secured procurement orders worth over Rs 28,000 crore, while SC/ST entrepreneurs received orders exceeding Rs 6,000 crore.” the press release said, Start-ups on the platform secured orders worth more than Rs 19,000 crore, reflecting GeM’s role in supporting entrepreneurship and widening access to government procurement.

time to read

1 min

May 17, 2026

The Business Guardian

The Business Guardian

SpaceX accelerates IPO timeline

Elon Musk’s rocket and satellite maker SpaceX is aiming to list its shares as early as June 12 and has picked the Nasdaq as the trading venue for its blockbuster market debut, people familiar with the matter told Reuters on Friday.

time to read

1 mins

May 17, 2026

Translate

Share

-
+

Change font size